Mark Allen McFarland - 09 Jun 2025 Form 4 Insider Report for Talen Energy Corp (TLN)

Role
President & CEO, Director
Signature
/s/ John C. Wander, attorney-in-fact
Issuer symbol
TLN
Transactions as of
09 Jun 2025
Transactions value $
-$7,033,341
Form type
4
Filing time
09 Jun 2025, 16:14:42 UTC
Previous filing
06 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McFarland Mark Allen President & CEO, Director 2929 ALLEN PKWY, SUITE 2200, HOUSTON /s/ John C. Wander, attorney-in-fact 09 Jun 2025 0001720720

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLN Common Stock Options Exercise +74.4K 74.4K 09 Jun 2025 Direct F1
transaction TLN Common Stock Tax liability -$7.03M -29.3K -39.35% $240.30 45.1K 09 Jun 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLN 2023 Restricted Stock Units Options Exercise $0 -74.4K -50% $0.00 74.4K 09 Jun 2025 Common Stock 74.4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") was issued under the Talen Energy Corporation 2023 Equity Incentive Plan (the "Plan") and represents a contingent right to receive one share of common stock, par value $0.001 ("common stock"), of Talen Energy Corporation (the "Company") or its cash equivalent, as determined at the time of settlement by the Compensation Committee of the Company's Board of Directors pursuant to the terms of the Plan.
F2 In an exempt disposition to the Company under Rule 16b-3(e), the reporting person remitted shares to the Company in connection with the satisfaction of tax withholding obligations arising out of the vesting of the RSUs.
F3 Represents 74,380 RSUs that vested on May 17, 2025 and 74,381 RSUs that, subject to the reporting person's continued service, will vest on May 17, 2026.